Discipline is the key - My trade logs

[Narass]

I observed that any thing between 3~8min TF is good.If it is possible please
reduce the TF. YES,whenever you on TEST ,better to employ SMALL capital.

Reduce nah...

look, iam just looking for 2 good trades...thats all i want

Even if it is 20min TF, there are many entry possibilities with just 1 symbol. And when we get to watch multiple symbols, there are so many entry possibilities and it just confuses me.
And we all know that higher the TF, better the performance. So i will stick on to what iam doing now.

May be later on, when i can optimize my system, then i will find out what is the good setup

anyways thank u for ur info and care :thumb:

 

[Narass]

Let me know what else to track...

 

[columbus]

Let me know what else to track...

Apart from No.of winning/Losing Days ,Winning Trades & Losing Trades
do matter.

 

[Narass]

OK...It happened today...

I made 2 losses and i quit for the day !

--Just looking for shorts
--Lack of concentration
--Over confidence, that i can be profitable on any day
--Watching 6 charts (did that mistake again )

But atleast i stopped trading after those 2 hits, which was as per plan

 

[ravinder0509]

I wait and wait and if see a clear candle, then i jump into trade.

Can you please explain as to what clear candle means and how you initiate trade based on that.

Thanks and regards
Ravinder

 

[Narass]

Can you please explain as to what clear candle means and how you initiate trade based on that.

Thanks and regards
Ravinder

I dont wish to trade when there is a Doji formed. I wish i have a clear normal sized candle.

 

[Narass]

Reasonable performance so far, although not as per expectations and plan.

In Dec2010, my objective is to continue trading the same way and concentrate on those items which have consistently been not taken care as per the plan, like Meditation, Walking, Morning Exercise etc. I wish to secure overall 100% marks.

I have revised the plan for Dec10 and changed the Capital to trade and take positions to Rs 20k. This is going to be the initial capital for the entire month of Dec10.

Wish me Luck guys :thumb:

Thank u all again for ur wonderful support in this journey of mine.

I pray The God to continue his blessings on me and those reading this post and all other trading members of TJ and my friends/other members in IT.

 

[nac]

^

Narass,

More than luck, the attitude you have towards trading will lead you to success...

All the best... :thumb:

 

[Narass]

 

[Narass]

Hi Naraas,

Suggestion....
All the best.

Brilliant post...but why 2 months...is there any objectivity in it?

Rgds